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Form 1040. Fill out form 1040 marriage jointly Individual Tax Return (see module 10) Required: . Use the following information to complete Armando and Lourdes

Form 1040. Fill out form 1040 marriage jointly

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Individual Tax Return (see module 10) Required: . Use the following information to complete Armando and Lourdes Gonzales's 2020 federal income tax return. If any information is missing, use reasonable assumptions to fill in the gaps. Any required forms, schedules, and instructions can be found at the IRS website (www.irs.gov). The instructions can be helpful in completing the forms. You will need the following tax forms and schedules that are accessible at irs.gov (forms and publications). o Form 1040, Schedules 1, 2, 3, A, B, C, D, E, SE, Forms 4562 (for dental business), 4562, (for rental property), 4797, 8849, 8995 and 8863. . You will use Tax Act Software (see Module 12 for instructions on downloading). Tax Act isn't compatible with Mac computers. If you have a Mac, you will have to prepare a manual paper return. It is strongly recommended that you use Tax Act to minimize your errors. Submit the entire tax return as one PDF thru HCCS email to me by the due date. See the course schedule. Late submissions will not be accepted and will result in a zero for the assignment. The facts are presented in chapter order. It is highly recommended that you determine the tax effect of each factual item and input the transaction in Tax Act as soon as we complete the relative chapter(s) to avoid end-of-the semester delays in submission. Facts: Chapter 4 1. Armando Z. and Lourdes K. Gonzales are married and file a joint return. Armando is self-employed as a dentist, and Lourdes is a college professor. 2. Armando and Lourdes have three children. The oldest is Ricardo, who lives at home. Ricardo is a law student at the University of Cincinnati and worked part time during the year, earning $1,500, which he spent for his own support. Armando and Lourdes provided $6,000 toward Ricardo's support. They also provided over half the support of their daughter, Selena, who is a full-time student at Edgecliff College in Cincinnati. Selena worked part time as an independent contractor during the year, earning $3,200. Selena lived at home until she was married in

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